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SME Sama Resources Inc

0.12
0.00 (0.00%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Sama Resources Inc TSXV:SME TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.12 0.115 0.12 0 14:25:14

Sama Resources Initiates 3,300 Line/km Airborne Geophysical Survey

11/12/2012 11:00am

Marketwired Canada


Sama Resources Inc. (TSX VENTURE:SME) ("Sama" or the "Company") is pleased to
announce that it has commenced a 3,300 line/kilometre airborne helicopter time
domain electromagnetic and magnetic survey (the "HTEM Survey") over the
Company's Samapleu Project and Bounta Ridge area in Cote d'Ivoire, West Africa.
The HTEM survey area will be flown at 100-metre/line and 200-metre/line spacing
and is being conducted by Fugro Airborne Surveys (Pty) Ltd. of South Africa. 


The HTEM Survey will assist Sama with its geological interpretation of the
entire Samapleu Project and Bounta Ridge area. The HTEM Survey is aimed at
targeting new sectors with the potential for additional nickel-copper sulphide
mineralization from surface to several hundred metres at depth.


The Samapleu Project in Cote d'Ivoire is currently in its exploration phase. Any
future production will be managed by a joint venture controlled 66 2/3% by Sama
Nickel Corporation, a wholly-owned subsidiary of the Company, and 33 1/3% by
Societe pour le Developpement Minier de Cote d'Ivoire.


This news release was prepared by Dr. Marc-Antoine Audet, PhD, P.Geo, President
and CEO of Sama and a 'qualified person' as defined in National Instrument
43-101, Standards of Disclosure for Mineral Projects.


For more information, please visit Sama's website at http://www.samaresources.com.

Forward-Looking Statements

This release contains forward-looking statements. Although Sama believes that
the expectations reflected in these forward-looking statements are reasonable,
undue reliance should not be placed on them because Sama can give no assurance
that they will prove to be correct. Since forward-looking statements address
future events and conditions, by their very nature they involve inherent risks
and uncertainties. Additional information on these and other factors that could
affect Sama's operations and financial results are included in reports on file
with Canadian securities regulatory authorities and may be accessed through the
SEDAR website (www.sedar.com).


FOR FURTHER INFORMATION PLEASE CONTACT: 
Sama Resources Inc.
Dr. Marc-Antoine Audet
President and CEO
(514) 726-4158
ceo@samaresources.com


Sama Resources Inc.
Mr. Matt Johnston
(604) 443-3835 or Toll Free: 1 (877) 792-6688, Ext. 4
(604) 682-3860 (FAX)
info@samaresources.com
www.samaresources.com

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